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The trading plan for EUR/USD talked about a potential decrease in prices.
As expected, dollar demand rose after the release of US inflation data. This led to the decline of EUR/USD towards the target price levels.
Congratulations to everyone who followed the strategy. The pair moved by 300 and 600 pips. Close short positions now to gain profit.
The trading idea followed the framework of the "Price Action" and "Stop Hunting" strategies.
Good luck in trading and don't forget to control the risks! Have a nice day.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
